51. SkDash| Link| Bookmark|
July 19, 2011 10:06:31 AM
Top Contributor (1000+ Posts, 200+ Likes)
Thanks CLD. That means it gave opp to investors to get out with 5-6% gain, Thats good. Otherwise one would be saved if he put a stop loss at issue price.
50. CLD| Link| Bookmark|
July 18, 2011 9:21:25 PM
Top Contributor (500+ Posts, 100+ Likes)
SkDash
It opened positive at 115 & went to max. 117.75. It remained between 4 to 6 % gain for around 2 hours before suddenly dropping to 100. After that there was no comeback. It slowly slid to 62.30 before closing at 66.45 with a loss of 38 % to its issue price.
I had not applied. However on listing I went long first but seeing the slide I shorted. Finally I could manage some gains in intraday trades.
SK Dash, It gave almost 1.5-2 hours to exit. I sold some of my holdings at 115 but got big loss in remaining. We have to be very careful in these type of operator driven IPOs cos they can collapse anytime. RMS went 90 odd from 108 within seconds.
48. SkDash| Link| Bookmark|
July 18, 2011 5:29:04 PM
Top Contributor (1000+ Posts, 200+ Likes)
it was only 35 cr issue and i thought it will rock. i was out of station on the date of listing and thats why could not watch it also.
Can anybody tell me whether it gave 10-15 min time to exit at issue price or more than that?
Hai,Santhosh and other friends, Today you might have earned lot of money in RMS by shorting immediately after crossing the issue price on down side as per the normal theory instead of making scolding. I sold allotted 240 stocks at Rs 115/- and bought at 110/- and subsequently my order for selling of 480 stocks executed at 106 and covered the short stocks at Rs 80/-.
I don't want to scold anybody.Thank you BRLM for fixing the issue at high price so that I confidently made short once crossed issue price to make money. Good luck in Bhartiya one can asses to make long or short. Again same talk that it is over priced.
I feel one should not feel if it is over priced or under priced which will give plenty of opportunists .The only problem comes when it is reasonably price.In this case it is difficult to trade either long or short. Thank you
AAP SUB NE HUMARE IPO ME PAISE INVEST KIYA IS KE LIYE DHANYAWAAD, JINHONE HUMARE IPO ME PROFIT KIYA HO YA NA KIYA HO SABHI K LIYE HUMNE AAJ RAAT 1 PARTY KA AAYOJAN KIYA HAI SABHI INVESTERS KO HUMARA PYAR BHARA NIMANTRAN HAI,
PARTY ME HUM READYMADE S.I KA DUSRA FPO LANE WALE HAI, USME SABHI INVESTERS KO 90% DISCOUNT MILEGA,
PARTY KA VENUE HAI 'LOOS NIVAS' ANDERI SADAK, KABRASTAN WALI STREET, BUNGLOW NO 13. MUMBAI
SABHI INVESTERS BHUKHE PYASE AAYE YAHA SABHI KO HUMARI TARAF SE KHANA PINA DIYA JAYEGA,TAKI AAP APNA LOOS COVER KAR SAKE, KHALO INVESTERS JISKA JITNA HO DUM.
jiska cheque 1 bar return hua uska dusri bar cheque aaj a/c me aya hai.koi bank dusri bar cheque dalti nai hai.issue me dum nahi hai.murkh banane wali bat hai. issue ka do bar cheque bank me ata hai khabhi suna hai.aaj mere a/c me dusri bar cheque aya hai. chor company hai.
The public issue pipeline is at its driest in two years. According to the website of market regulator Sebi, only 11 companies have filed for initial public offerings between April and June. Five others have filed offer documents for rights issues. None of these issues have been cleared by Sebi yet.Even state-owned companies, which have dominated the primary market for the past two years, stayed away.
Choppy equity markets and an uncertain outlook have put off most issuers, say experts.